23, CRAVEN CLOSE, LIGHTMOOR, TELFORD, TF4 3GD - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 CRAVEN CLOSE is a very small detached house of 76m², built sometime from 2012 onwards. It was last sold for £235,000 in June 2022, which was around 28% below the average June 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

23 CRAVEN CLOSE Sold Prices

Land registry data shows two sales for 23 CRAVEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 23 CRAVEN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 9 JUN	£235,000	£325,800	28% below HPI
2014 24 OCT	£167,950	£219,104	23% below HPI

23 CRAVEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 23 CRAVEN CLOSE sales from October 2014 and June 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 CRAVEN CLOSE?

23 CRAVEN CLOSE is 76m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 23 CRAVEN CLOSE lies on this distribution: 9% of detached houses are smaller than 23 CRAVEN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 CRAVEN CLOSE: Plot and Title Map

23 CRAVEN CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 23 CRAVEN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 CRAVEN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 CRAVEN CLOSE?

23 CRAVEN CLOSE is located in LIGHTMOOR, in the TF4 postcode district. The below map shows the position of No. 23 on CRAVEN CLOSE.